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3 Top-Ranked Mutual Funds for Your Retirement - March 27, 2020

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The funds in our "Magnificent Retirement Mutual Funds" list are among the best managed and best performing mutual funds available. If you are just finding out about our Top-Ranked Funds list, we welcome you!

Great performance, diversification, and low fees: it's a pretty simple formula for a great mutual fund. Some are better than others, but utilizing our Zacks Rank, we have identified three mutual funds that would make great additions to long-term investors' portfolios.

Let's learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.

If you are looking to diversify your portfolio, consider Neuberger Berman Mid Cap Growth Trust (NBMTX - Free Report) . NBMTX is a Mid Cap Growth mutual fund. These funds aim to target companies with a market capitalization between $2 billion and $10 billion that are also expected to exhibit more extensive growth opportunities for investors than their peers. This fund is a winner, boasting an expense ratio of 0.95%, management fee of 0.9%, and a five-year annualized return track record of 10.76%.

American Funds Growth Fund of America F2 (GFFFX - Free Report) : 0.42% expense ratio and 0.27% management fee. GFFFX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. With yearly returns of 12.63% over the last five years, GFFFX is an effectively diversified fund with a long reputation of solidly positive performance.

BlackRock Advantage Large Cap Core S is an attractive large-cap allocation. MSLRX is a Large Cap Blend fund, targeting companies with market caps of over $10 billion. These funds offer investors a stability, and are perfect for people with a "buy and hold" mindset. MSLRX has an expense ratio of 0.72%, management fee of 0.43%, and annual returns of 10.19% over the past five years.

There you have it. If your financial advisor had you put your money into any of our "Magnificent Retirement Mutual Funds," then they've got you covered. If not, you may need to talk.

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Investing in underperforming mutual funds is just one of the key errors that can derail your retirement plans.

To learn more, read our just-released report: 9 Retirement Mistakes You Need to Avoid.


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Neuberger Berman Mid Cap Gr Tr (NBMTX) - free report >>

American Funds Gr Fnd of Amer F2 (GFFFX) - free report >>

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